Turning Point Brands (TPB) Work In Process (2020 - 2024)
Turning Point Brands' (TPB) quarterly Work In Process came in at $37.8 million in Q3 2024, down 28.78% year-over-year from $53.0 million in Q4 2023, and down 9.28% quarter-over-quarter from $41.6 million in Q2 2024.
Analysis
Turning Point Brands (TPB) Work In Process (2020 - 2024) Analysis & Trends
Turning Point Brands (TPB) has reported Work In Process for 5 consecutive years, with $37.8 million the latest figure, recorded in Q3 2024.
- On a quarterly basis, Work In Process fell 28.78% year-over-year to $37.8 million in Q3 2024; TTM through Sep 2024 was $37.8 million, a 28.78% decrease from a year earlier, with the FY2023 full-year figure at $34.9 million, down 19.72% from the prior year.
- Work In Process was $37.8 million for Q3 2024 at Turning Point Brands, down from $41.6 million in the prior quarter.
- Over five years, Work In Process peaked at $55.8 million in Q2 2023 and troughed at $32.9 million in Q4 2020.
- A 5-year average of $42.5 million and a median of $41.5 million in 2024 frame the typical range for Work In Process.
- Across the five-year window, Work In Process advanced 21.18% in 2022 and fell 28.78% in 2024, its largest moves.
- Over 5 years, Work In Process stood at $32.9 million in 2020, then grew by 8.96% to $35.9 million in 2021, then rose by 21.08% to $43.5 million in 2022, then decreased by 19.72% to $34.9 million in 2023, then rose by 8.22% to $37.8 million in 2024.
- The last three Work In Process figures came in at $37.8 million (Q3 2024), $41.6 million (Q2 2024), and $41.5 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 37.76 Mn |
| Jun 30, 2024 | 41.62 Mn |
| Mar 31, 2024 | 41.46 Mn |
| Dec 31, 2023 | 34.89 Mn |
| Sep 30, 2023 | 53.02 Mn |
| Jun 30, 2023 | 55.79 Mn |
| Mar 31, 2023 | 40.13 Mn |
| Dec 31, 2022 | 43.47 Mn |
| Sep 30, 2022 | 46.23 Mn |
| Jun 30, 2022 | 49.16 Mn |
| Mar 31, 2022 | 47.73 Mn |
| Dec 31, 2021 | 35.90 Mn |
| Sep 30, 2021 | 38.15 Mn |
| Jun 30, 2021 | 40.78 Mn |
| Mar 31, 2021 | 41.71 Mn |
| Dec 31, 2020 | 32.95 Mn |